Real Estate Investment Properties for Sale in Roanoke, VA

Looking for investment property in Roanoke, VA with high ROI ?

Explore a variety of short-term homes & houses in Roanoke, VA. Invest wisely with VRBO & Roanoke, VA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Roanoke, VA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4631 Heather DR Roanoke, VA Great opportunity in the Glen - Condo with amazing views, tons of light, open concept floo...	2 beds \| 2 baths \| N/A	$279,950	Airbnb cash on cash: 2.54% Traditional cash on cash: 1.77% Airbnb Rental Income: $2283 Traditional Rental Income: $1510 Airbnb ROI: 2.54% Traditional ROI: 1.77%
110 Barbara LN Roanoke, VA Charming and move-in ready! This updated brick ranch in sought-after Botetourt County sits...	3 beds \| 2 baths \| 2,128 sq.ft.	$359,950	Airbnb cash on cash: 4.44% Traditional cash on cash: 5.33% Airbnb Rental Income: $2780 Traditional Rental Income: $2428 Airbnb ROI: 4.44% Traditional ROI: 5.33%
5717 Fieldview DR Roanoke, VA Charming home on a quiet North Roanoke cul-de-sac! Main level features hardwood floors, co...	4 beds \| 4 baths \| 2,942 sq.ft.	$469,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $2326 Airbnb ROI: N/A Traditional ROI: 3.27%
5333 Thornrose RD Roanoke, VA Tastefully updated 1950s home with two primary suites and laundry on entry level! Stunning...	3 beds \| 3 baths \| 1,582 sq.ft.	$270,000	Airbnb cash on cash: 3.97% Traditional cash on cash: 6.71% Airbnb Rental Income: $2084 Traditional Rental Income: $2245 Airbnb ROI: 3.97% Traditional ROI: 6.71%
4915 Pomeroy RD NW Roanoke, VA Updated ranch home with NEW WINDOWS and a HUGE 28x28 GARAGE. Beautiful hardwood floors, u...	2 beds \| 2 baths \| 1,676 sq.ft.	$264,950	Airbnb cash on cash: 4.3% Traditional cash on cash: 5.05% Airbnb Rental Income: $2218 Traditional Rental Income: $1847 Airbnb ROI: 4.3% Traditional ROI: 5.05%
7522 New Barrens CT Roanoke, VA Beautiful North Roanoke County Colonial now available! This wonderful home features 4 bedr...	4 beds \| 4 baths \| 3,177 sq.ft.	$499,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 4.19% Airbnb Rental Income: $2956 Traditional Rental Income: $2961 Airbnb ROI: 2.72% Traditional ROI: 4.19%
5260 Crossbow CIR #3E Roanoke, VA Welcome to this beautifully maintained, move-in ready condo located in one of the county's...	2 beds \| 2 baths \| 1,178 sq.ft.	$204,950	Airbnb cash on cash: 4.76% Traditional cash on cash: 4.23% Airbnb Rental Income: $2262 Traditional Rental Income: $1594 Airbnb ROI: 4.76% Traditional ROI: 4.23%
8602 Sanderson DR Roanoke, VA Step into timeless quality and character with this beautifully maintained 1950's brick hom...	3 beds \| 2 baths \| 2,901 sq.ft.	$443,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 4.2% Airbnb Rental Income: $2780 Traditional Rental Income: $2464 Airbnb ROI: 3.39% Traditional ROI: 4.2%
3706 Derby DR Roanoke, VA Step through the front door and be immediately captivated by the warmth and character of c...	3 beds \| 3 baths \| 2,197 sq.ft.	$550,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 2.94% Airbnb Rental Income: $2471 Traditional Rental Income: $2501 Airbnb ROI: 1.72% Traditional ROI: 2.94%
1918 Langdon RD SW Roanoke, VA If you are looking for an amazing home in the Grandin area to relax and entertain in, look...	3 beds \| 3 baths \| 2,056 sq.ft.	$379,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 5.18% Airbnb Rental Income: $1203 Traditional Rental Income: $2541 Airbnb ROI: 0.32% Traditional ROI: 5.18%
45 Brookfield CT Roanoke, VA Move in ready patio home with open floor plan, large kitchen, vaulted ceilings, and modern...	2 beds \| 2 baths \| 1,660 sq.ft.	$355,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 1.81% Airbnb Rental Income: $1600 Traditional Rental Income: $1411 Airbnb ROI: 1.01% Traditional ROI: 1.81%
3621 Timberline TRL Roanoke, VA Welcome to this 2 bedroom, 2 bathroom condo in Roanoke County! Featuring new carpet and t...	2 beds \| 2 baths \| 1,000 sq.ft.	$184,950	Airbnb cash on cash: -2.14% Traditional cash on cash: 5.04% Airbnb Rental Income: $620 Traditional Rental Income: $1592 Airbnb ROI: -2.14% Traditional ROI: 5.04%
324 Salem AVE #304 Roanoke, VA A well-designed loft, south facing, studio apartment with large original windows and tons ...	1 beds \| 1 baths \| 720 sq.ft.	$215,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 0.94% Airbnb Rental Income: $1836 Traditional Rental Income: $1008 Airbnb ROI: 2.58% Traditional ROI: 0.94%
2343 Circle DR SW Roanoke, VA Welcome to this beautifully updated home in the Greater Deyerle Neighborhood, one of Roano...	3 beds \| 3 baths \| 2,350 sq.ft.	$399,850	Airbnb cash on cash: 0.65% Traditional cash on cash: 4.4% Airbnb Rental Income: $1538 Traditional Rental Income: $2496 Airbnb ROI: 0.65% Traditional ROI: 4.4%
2105 Staunton AVE NW #& 2107 Roanoke, VA *INVESTORS* Great Income producing property, One side was just totally renovated and t...	N/A beds \| N/A baths \| N/A	$199,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.76% Airbnb Rental Income: $null Traditional Rental Income: $1109 Airbnb ROI: N/A Traditional ROI: 3.76%
916 Slusser LN Roanoke, VA Beautifully maintained split foyer in North County. Two car garage ,on a level lot with ro...	3 beds \| 3 baths \| 1,645 sq.ft.	$349,950	Airbnb cash on cash: 2.57% Traditional cash on cash: 4.61% Airbnb Rental Income: $2084 Traditional Rental Income: $2218 Airbnb ROI: 2.57% Traditional ROI: 4.61%
3990 Winding Way RD SW Roanoke, VA Location, location, location! This well-built home situated on a park-like 1-acre lot offe...	4 beds \| 3 baths \| 3,514 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $2815 Airbnb ROI: N/A Traditional ROI: 5.42%
2441 Meadowbrook RD NW Roanoke, VA Charming and convenient! This well-maintained 3-bed, 1.5-bath home offers one-level living...	3 beds \| 2 baths \| 1,475 sq.ft.	$245,000	Airbnb cash on cash: 6.11% Traditional cash on cash: 4.61% Airbnb Rental Income: $2628 Traditional Rental Income: $1653 Airbnb ROI: 6.11% Traditional ROI: 4.61%
7425 Willow Leaf CIR Roanoke, VA Welcome to 7425 Willow Leaf Circle located in the desirable Old Mill Plantation neighborho...	4 beds \| 5 baths \| N/A	$1,095,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.16% Airbnb Rental Income: $null Traditional Rental Income: $4361 Airbnb ROI: N/A Traditional ROI: 2.16%
3516 Timberline TRL Roanoke, VA Charming, fully furnished one bedroom condo located in sought after SW Roanoke County. La...	1 beds \| 1 baths \| 772 sq.ft.	$149,500	Airbnb cash on cash: 0.16% Traditional cash on cash: 4% Airbnb Rental Income: $944 Traditional Rental Income: $1147 Airbnb ROI: 0.16% Traditional ROI: 4%
909 HIGHLAND AVE SE Roanoke, VA Charming and fully renovated! This beautiful home has been thoughtfully updated while pres...	5 beds \| 2 baths \| 1,624 sq.ft.	$289,950	Airbnb cash on cash: N/A Traditional cash on cash: 5.82% Airbnb Rental Income: $null Traditional Rental Income: $2112 Airbnb ROI: N/A Traditional ROI: 5.82%
3717 Martinell AVE Roanoke, VA New windows, new doors, new light fixtures, ceiling fans in 3 bedrooms, new appliances, ne...	3 beds \| 1 baths \| 1,855 sq.ft.	$320,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 3.08% Airbnb Rental Income: $1346 Traditional Rental Income: $1554 Airbnb ROI: 1.02% Traditional ROI: 3.08%
6110 Wisteria Place CT Roanoke, VA Tucked near the end of a quiet cul-de-sac in desirable Roanoke County, this 4-bedroom, 4-b...	4 beds \| 4 baths \| 3,008 sq.ft.	$584,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.45% Airbnb Rental Income: $null Traditional Rental Income: $3051 Airbnb ROI: N/A Traditional ROI: 3.45%
216 Windward DR SW #216 Roanoke, VA Renovated throughout, new flooring, light fixtures, also updated kitchen, all new paint. O...	3 beds \| 3 baths \| 1,902 sq.ft.	$366,900	Airbnb cash on cash: -1.01% Traditional cash on cash: 3.11% Airbnb Rental Income: $1281 Traditional Rental Income: $2296 Airbnb ROI: -1.01% Traditional ROI: 3.11%
367 Washington AVE SW Roanoke, VA Home Warranty Gifted at Closing! Historic Charm Meets Modern Comfort. Built in 1900, offer...	3 beds \| 2 baths \| 2,162 sq.ft.	$334,450	Airbnb cash on cash: 4.58% Traditional cash on cash: 4.79% Airbnb Rental Income: $2779 Traditional Rental Income: $2190 Airbnb ROI: 4.58% Traditional ROI: 4.79%
1613 LOUDON AVE NW Roanoke, VA Discover an excellent investment opportunity or the perfect house-hacking setup at 1613 Lo...	N/A beds \| N/A baths \| N/A	$194,950	Airbnb cash on cash: 9.84% Traditional cash on cash: 3.51% Airbnb Rental Income: $2904 Traditional Rental Income: $1058 Airbnb ROI: 9.84% Traditional ROI: 3.51%
610 8th ST NW Roanoke, VA You will love this 1920s classic brick four square located in the heart of Roanoke City. E...	4 beds \| 2 baths \| 1,792 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.02% Airbnb Rental Income: $null Traditional Rental Income: $2212 Airbnb ROI: N/A Traditional ROI: 10.02%
1625 Eanes RD Roanoke, VA Versatile Brick Ranch with Income Potential in Roanoke County! This well-maintained 3-bedr...	4 beds \| 3 baths \| N/A	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $2774 Airbnb ROI: N/A Traditional ROI: 6.59%
81 Ridgeview CIR Roanoke, VA Charming ranch-style home nestled on a large lot on a quiet cul-de-sac in Botetourt County...	3 beds \| 1 baths \| 1,710 sq.ft.	$285,000	Airbnb cash on cash: 6.07% Traditional cash on cash: 4.68% Airbnb Rental Income: $2780 Traditional Rental Income: $1754 Airbnb ROI: 6.07% Traditional ROI: 4.68%
5877 Buckland Mill RD Roanoke, VA Beautiful, remodeled home with a rocking chair front porch in highly desirable North Count...	4 beds \| 3 baths \| 2,403 sq.ft.	$389,950	Airbnb cash on cash: 4.23% Traditional cash on cash: 5.73% Airbnb Rental Income: $2956 Traditional Rental Income: $2825 Airbnb ROI: 4.23% Traditional ROI: 5.73%
1624 24th ST NE Roanoke, VA Be sure to not scroll by this home in mint condition just built in 2023 and filled with im...	3 beds \| 3 baths \| 1,680 sq.ft.	$279,950	Airbnb cash on cash: 4.59% Traditional cash on cash: 4.69% Airbnb Rental Income: $2471 Traditional Rental Income: $1897 Airbnb ROI: 4.59% Traditional ROI: 4.69%
1156 Montrose AVE SE Roanoke, VA Welcome to this updated 2 bedroom, 1 bath ranch style home situated on a corner lot. This ...	2 beds \| 1 baths \| 780 sq.ft.	$179,950	Airbnb cash on cash: 5.68% Traditional cash on cash: 4.55% Airbnb Rental Income: $1921 Traditional Rental Income: $1218 Airbnb ROI: 5.68% Traditional ROI: 4.55%
509 Mountain AVE SW Roanoke, VA Timeless charm meets modern comfort is this 1919 Victorian Gem! Classic elegance and perio...	3 beds \| 2 baths \| 1,350 sq.ft.	$335,000	Airbnb cash on cash: 5.21% Traditional cash on cash: 4.07% Airbnb Rental Income: $2779 Traditional Rental Income: $1767 Airbnb ROI: 5.21% Traditional ROI: 4.07%
1202 MELROSE AVE NW Roanoke, VA GREAT TURN KEY INVESTMENT APTS - UPGRADED ELECTRICAL WIRING - STORAGE IN ATTIC AND BASEMEN...	N/A beds \| N/A baths \| N/A	$176,700	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $1218 Airbnb ROI: N/A Traditional ROI: 5.28%
1602 Campbell AVE SE Roanoke, VA Welcome to 1602 Campbell Ave in Roanoke - a versatile property perfect for first-time home...	2 beds \| 1 baths \| 1,178 sq.ft.	$150,000	Airbnb cash on cash: 6.21% Traditional cash on cash: 5.6% Airbnb Rental Income: $1747 Traditional Rental Income: $1180 Airbnb ROI: 6.21% Traditional ROI: 5.6%
3506 Bunker Hill DR Roanoke, VA Charming 3-bedroom, 1-bath brick single-family home located in the desirable Hidden Valley...	3 beds \| 1 baths \| 1,377 sq.ft.	$264,500	Airbnb cash on cash: 1.57% Traditional cash on cash: 4.18% Airbnb Rental Income: $1346 Traditional Rental Income: $1584 Airbnb ROI: 1.57% Traditional ROI: 4.18%
1404 10th ST NE Roanoke, VA Welcome home to this beautifully renovated house, perfectly located just minutes from Down...	3 beds \| 2 baths \| 1,179 sq.ft.	$214,800	Airbnb cash on cash: 8.06% Traditional cash on cash: 2.99% Airbnb Rental Income: $2780 Traditional Rental Income: $1096 Airbnb ROI: 8.06% Traditional ROI: 2.99%
5237 Roselawn RD Roanoke, VA Welcome to this beautifully maintained home in sought-after Cave Spring offering several r...	4 beds \| 3 baths \| 2,038 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.46% Airbnb Rental Income: $null Traditional Rental Income: $2604 Airbnb ROI: N/A Traditional ROI: 4.46%
2107 SE Kenwood Boulevard Roanoke, VA Welcome to this charming bungalow situated on a desirable corner lot! Freshly updated with...	2 beds \| 1 baths \| 936 sq.ft.	$169,900	Airbnb cash on cash: 2.92% Traditional cash on cash: 4.81% Airbnb Rental Income: $1258 Traditional Rental Income: $1166 Airbnb ROI: 2.92% Traditional ROI: 4.81%
4702 Edgelawn AVE NW Roanoke, VA Welcome to 4702 Edgelawn a 3 bedroom, 2 bath, 1 1/2 story home. This one makes a great sta...	3 beds \| 2 baths \| 1,064 sq.ft.	$215,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 5.16% Airbnb Rental Income: $1991 Traditional Rental Income: $1558 Airbnb ROI: 4.73% Traditional ROI: 5.16%

Real Estate investment in Roanoke, VA

There are 210 properties for sale in the city of Roanoke . The median list price in Roanoke is $289,950 and the average price per square foot is $144. In October 2025, the average monthly cash on cash return in Roanoke is 5.00%. The average monthly rental income in Roanoke is $2,087.

Roanoke, VA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 210 investment properties available for sale in Roanoke.

In 2025, the best neighborhood to buy investment property is Shenandoah West.

The ROI for Long-Term is higher than the Short-Term in Roanoke with average rental income of $2,087.

Your search for investment property begins and ends here

Investment Property for Sale in Roanoke, VA

4631 Heather DR

Roanoke, VA

2 beds | 2 baths | N/A

$279,950

Airbnb cash on cash: 2.54%

Traditional cash on cash: 1.77%

Airbnb Rental Income: $2283

Traditional Rental Income: $1510

Airbnb ROI: 2.54%

Traditional ROI: 1.77%

110 Barbara LN

Roanoke, VA

3 beds | 2 baths | 2,128 sq.ft.

$359,950

Airbnb cash on cash: 4.44%

Traditional cash on cash: 5.33%

Airbnb Rental Income: $2780

Traditional Rental Income: $2428

Airbnb ROI: 4.44%

Traditional ROI: 5.33%

5717 Fieldview DR

Roanoke, VA

4 beds | 4 baths | 2,942 sq.ft.

$469,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.27%

Airbnb Rental Income: $null

Traditional Rental Income: $2326

Airbnb ROI: N/A

Traditional ROI: 3.27%

5333 Thornrose RD

Roanoke, VA

3 beds | 3 baths | 1,582 sq.ft.

$270,000

Airbnb cash on cash: 3.97%

Traditional cash on cash: 6.71%

Airbnb Rental Income: $2084

Traditional Rental Income: $2245

Airbnb ROI: 3.97%

Traditional ROI: 6.71%

4915 Pomeroy RD NW

Roanoke, VA

2 beds | 2 baths | 1,676 sq.ft.

$264,950

Airbnb cash on cash: 4.3%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $2218

Traditional Rental Income: $1847

Airbnb ROI: 4.3%

Traditional ROI: 5.05%

7522 New Barrens CT

Roanoke, VA

4 beds | 4 baths | 3,177 sq.ft.

$499,000

Airbnb cash on cash: 2.72%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $2956

Traditional Rental Income: $2961

Airbnb ROI: 2.72%

Traditional ROI: 4.19%

5260 Crossbow CIR #3E

Roanoke, VA

2 beds | 2 baths | 1,178 sq.ft.

$204,950

Airbnb cash on cash: 4.76%

Traditional cash on cash: 4.23%

Airbnb Rental Income: $2262

Traditional Rental Income: $1594

Airbnb ROI: 4.76%

Traditional ROI: 4.23%

8602 Sanderson DR

Roanoke, VA

3 beds | 2 baths | 2,901 sq.ft.

$443,000

Airbnb cash on cash: 3.39%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $2780

Traditional Rental Income: $2464

Airbnb ROI: 3.39%